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Stock Market & Financial Investment News

News Breaks
February 3, 2012
05:55 EDTSQNMSequenom concerns should alleviate with publication, says Piper Jaffray
Piper Jaffray believes the Genetics in Medicine article showing Sequenom's MaterniT21's ability to accurately detect trisomy 13 and 18 should alleviate concerns of the test's ability to detect rarer chromosomal abnormalities. The firm keeps an Overweight rating on Sequenom shares with a $6.25 price target.
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August 19, 2014
11:32 EDTSQNMLabCorp prenatal test a negative for Sequenom, says Maxim
Maxim views LabCorp's (LH) announcement today that it will begin offering the informaSeq prenatal test as a long-term negative for Sequenom (SQNM) due to increased competition. The news is also negative for Illumina (ILMN) and PerkinElmer (PKI), who both offer Non-Invasive Prenatal Tests, Maxim adds. The firm recommends buying shares of LabCorp and keeps a Buy rating on the name with a $130 price target.

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